Something new and unusual from Unreal Cycles: The Motoped is a custom fabricated frame designed to use the running gear from a Honda CRF 50 (or a Chinese clone), together with mountain bike wheels and fork, to create a full sized ultra-lightweight dirt bike. You can buy just the frame, frame and engine, or a complete bike. The frame and swing arm assembly is under $1500. Complete bikes range from $3250 to $3995, depending on parts. (Thanks to Davin Cleary for finding this.)
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